3043 S. La Brea Avenue - Offering Memorandum

PRIME JEFFERSON CORRIDOR / WEST ADAMS

ELIGIBLE FOR ED1, LA’S FAST-TRACK *AFFORDABLE HOUSING* DEVELOPMENT

TABLE OF CONTENTS 1. EXECUTIVE SUMMARY 2. THE PROPERTY 3. AREA OVERVIEW 4. AREA ATTRACTIONS

SECTION

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PHOTO: LA METRO

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EXECUTIVE SUMMARY The Sally Forster Jones Group is pleased to offer for sale a prime Jefferson Corridor TOD opportunity in West Adams, located on S La Brea Avenue and S Orange Drive. Bordered by Culver City to the West, South of LACMA and Northeast of Silicon Beach on Jefferson, the Jefferson Corridor has launched an impressive array of redevelopment projects, which have firmly established the thoroughfare as a vibrant commercial, tech, entertainment, and mixed-use district.

Centered at the apex of the Corridor and half a block from the Metro E Line (Expo), the two parcels consist of approximately 39,901 square feet of land (pursuant to the Assessor’s records) and approximately 11,701 square feet of building, which is currently the home to a successful seven-decadeold family-owned business.

The Jefferson Corridor stretches from Santa Monica to the University of Southern California, with the Metro E Line (Expo), often referred to as the “Subway to the Sea,” directly connecting the beach communities to the intersection of business, entertainment, and culture. The offered property is surrounded by an impressive array of innovative global market leaders and state-of-the-art projects including: Amazon Studios, WarnerMedia, HBO, Costco (upcoming), Whole Foods, The Grove LA, Cumulus, Baby to Baby, Wrapper, the enchantment of Exposition Park, Sony Pictures, and the new Apple Campuses, among others. ln addition to the entities mentioned above, the Jefferson Corridor provides access to a host of new regional amenities, including the new 22,000-seat BMO Stadium and the soon-to-open Star Wars Museum: George Lucas Museum of Narrative Art (2023), both of which demonstrate the City’s overall commitment to the area’s economic enrichment. This exceptional location represents a highly strategic redevelopment opportunity.

OFFERING ADDRESS 3043 S. La Brea Avenue 2936 S. Orange Drive

APN 5049-032-057 5049-032-067

TOTAL BUILDING SF 7,335 4,456

TOTAL LAND SF 32,702 7,199

ZONING C1.5-1VL-CPIO - TOC Tier 3 R3-1 - TOC Tier 3

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PROPERTY HIGHLIGHTS • ELIGIBLE for ED1, LA’s Fast-Track *Affordable Housing* Development Program • Located in an Opportunity Zone (10-Year Tax Incentive)* • Will be delivered vacant at Close of Escrow • Traffic Counts: Jefferson at La Brea — Will increase with opening of Costco (upcoming) – Northbound: 58,716 CPD – Southbound: 53,186 CPD – Westbound: 30,491 CPD – Eastbound: 30,887 CPD • Tier 3 Incentive Property — Half block from Metro E Line (Expo) • TOD/TOC/FAR Incentives • Zoned for Mixed-Use, with a Minimum Total of 164 Units* • 92,731 Square Feet of Floor Area Approved • Approved for a Minimum of 6 Stories* • Reduced Parking Requirement (0.5 spaces per unit) • Reductions in Required Building Setbacks • Pre-Approved Enviable Advertising Sight-Line from the Metro E Line (Expo) La Brea Platform Station • Offered at $10,000,000 ($251 PSF/LAND) * Eligible for Additional Incentives; Land Use Study Available by Request

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LA BREA CORRIDOR

LA BREA CORRIDOR DEVELOPMENTS

COSTCO AT LA BREA & COLISEUM / 0.5 MILES AWAY 5-Acre Mixed-Use Development • 800 Housing Units • Anchored by Costco — It has been announced that a state-of-the-art new-concept Costco will be joining the South La Brea Corridor.

HIGHLIGHTS • COSTCO Anchoring One-of-a-Kind 800-Unit Housing Project • 400 New Jobs • Optical, Pharmacy, Produce, and Delivery Services for Nearby Businesses • 6-Story Building • TOD/TOC/FAR Incentives — Same as 3043 S. La Brea Avenue / 2936 S. Orange Drive • Half Mile South of the Metro E Line (Expo) Station

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COSTCO ECONOMIC / COMMUNITY IMPACT 3043 S. LA BREA AVENUE

COSTCO AT LA BREA & COLISEUM / 0.5 MILES AWAY • Costco’s Presence Validates Community Economic Vitality • Store Sales Average $150M Annually • Membership Fees Attract Financially Stable Consumers • Consumers Spend an Average of $230/month • Performs Well in Economic Downturns • Generates a Dramatic Increase in Sales Tax for the Local Area • Big-Box Convenience Attracts Additional Interest in Residential Living • Prompts Additional Consumer Crossover Spending at Neighboring Businesses • Catalyst for Increases in Property Values and Demand • Location Will Attract Shoppers from Culver City, Mid-City, and Surrounding Region • Costco Commits to Communities Where it Does Business — Supporting Children, Education, Health and Human Services, and Disaster Relief

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OPPORTUNITY ZONE TAX ADVANTAGES OPPORTUNITY ZONE TAX ADVANTAGES 3043 S La Brea is strategically located OPPORTUNITY ZONE 3043 S La Brea is strategically located on the easternmost border if a Qualified

TAX ADVANTAGES

on the easternmost border ifana investor Qualifiedto Opportunity Zone, allowing Opportunity Zone, allowing an investor capitalize on the economic incentives thatto capitalize economic Son Lathe Brea is strategically Thisincentives locationthat this3043 program provide. located on the easternmost border This location this programtax provide. provides advantages for

if a Qualified Opportunity Zone, provides taxreducing advantages for anallowing investor, capital an investor to capitalize an investor, reducing capital gains byeconomic as much as 15% over a on the incentives that gains by as much as 15% over a this program provide.

This location seven year hold period and fully seven year period fully provides taxhold advantages forand an tax exempt from capital gains investor, reducing capital gains by as exempt from capital gains if the investment is held fortax at much as 15% over a seven-year hold if the 10 investment is held for attax the biggest least years. period and fully Because exempt from capital the biggest tax least years. Because breaks 10 are available to investors who retain gains tax if the investment is held

breaks areleast available to investors who forinvestment at 10inyears.

Because the their these zones for at retain least their investment in these at taxOpportunity breaks arezones available toleast 10 biggest years, the Zonefor program investors who retain theirZone investment 10 years, thenew Opportunity program encourages construction. in these zones for at least encourages new construction.10 years,

3043 S. LA BREA AVENUE

the Opportunity Zone program encourages new construction.

Year 5 Year 5 2023 2023 Tax on original capital Tax on original capital gain is reduced by 10% gain is reduced by 10%

2021 2021

2022 2022

2023 2023

Year 7 Year 7 2025 2025 Tax on original capital gain is Tax on original capital gain is reduced by another 5% reduced by another 5% (15% total reduction) (15% total reduction)

2024 2024

2025 2025

Year 9 Year 9 April 15, 2027 April 15, 2027 Pay taxes on original Pay taxes on original deferred capital gains deferred capital gains (minus 15% reduction) (minus 15% reduction)

2026 2026

2027 2027

Year 10 Year 10 2028 2028 All capital gains taxes All capital gains taxes now eliminated on any now eliminated on any Opportunity Fund profifits Opportunity Fund profifits

2028 2028

*Details about the Opportunity Zone program and the site’s eligibility *Details about the Opportunity program andor the site’s eligibility should be confirmed by buyerZone or tenant’s CPA tax attorney. should be confirmed by buyer or tenant’s CPA or tax attorney.

P RO P E RT Y DE S C R IP T I ON P RO P E RT Y DE S C R IP T I ON

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METRO E LINE (EXPO) / SIGHT LINE

PRE-APPROVED ENVIABLE ADVERTISING SIGHT-LINE FROM THE METRO E LINE (EXPO) LA BREA PLATFORM STATION

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LEGEND

Culver City

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7th Street/ Metro Center Metro Rail A, B & D Lines (Blue, Red & Purple)

110 Metro J Line (Silver); Metro Local 14, 16, 18, 20, 37, 51,

53, 55, 60, 62, 66, 70, 76, 78, 81; Metro Rapid 720; Metro Express 460, 487, 489; AVTA 785; BBB 10; CE 409, 422, 423, 431, 437, 438, 448, Expo/Crenshaw PARKING AVAILABLE 534; FT Silver Streak, 493, 497, 498, 499, 699; LD A, B, E, 26th St/Bergamot Metro Silver Downtown Line Santa Monica Expo/La Brea 7th Street/ Metro Center Third Street Promenade Metro Local 38, 209, 210; LD Midtown LEGEND F; M 40, 50, 341, 342; OCTA 701, 721; SCT 799; T4X BBBRapid 5, 16,720; 43 BBB Local 1, 2, Metro Local 4, 534; Metro Metro Local 38, 212; LDExpo/Western Crenshaw Metro Rail A, B & D Lines (Blue, Red & Purple) Metro Rail Stations Santa Monica College Metro E Line (Expo) 3, 7, 8, 9, 18; BBB RapidBundy 7, 10 Metro J Line (Silver); Metro Local 14, 16, 18, 20, 37, 51, PARKING AVAILABLE Farmdale Metro Local 102, 207 Map Note (see insert) Downtown Culver City/ # 53, 55, 60, 62, 66, 70, 76, 78, 81; Metro A Line (Blue) OTES 17th St/SMC PARKING BBB LocalAVAILABLE 5, 7, 14, 15; BBB Rapid Metro 7, 10 Local 38 Metro Rapid 720; Metro Express 460, 487, 489; Expo/Vermont Sony Studios Freeway BBB 41, 42, 44 Metro B & D Lines (Red/Purple) nta Monica Pier & Esplanade Expo/Sepulveda PARKING AVAILABLE Expo/Crenshaw PARKING AVAILABLE Metro Local 102, 204; Metro RapidAVTA 754; 785; BBB 10; CE 409, 422, 423, 431, 437, 438, 448, Hub e Washington/Fairfax Transit AVTA Antelope Valley 534; FT Silver Streak, 493, 497, 498, 499, 699; LD A, B, E, 26th St/Bergamot Metro Local 233 (Owl-only); MetroMetro RapidLocal 761; 38, 209, 210; Metro Express 550; LD F Metro Silver Line ird Street Promenade LD Midtown F; M 40, 50, 341, 342; OCTA 701, 721; SCT 799; T4X Transit Authority BBB Local 7, 17; BBB Rapid 7; C Local 6; C Rapid 6 f Rancho Cienega Sports Complex BBB 5, 16, 43 Expo Park/USC Metro Rail Stations nta Monica College Expo/Western BBB Santa MonicaBundy Big Blue Bus Westwood/Rancho Park g Dorsey High School PARKING AVAILABLE Metro Local 102, 207 Metro Local 2, 81, 102; Metro Express 460, 550, Map Note (see insert) wntown Culver City/ # BBB Rapid 8, 12; C3 J Line (Silver); CE 438, 448; LD F, King East Southeast; BBB Local 5, 7, 14, 15; BBB 7, 10 C Culver City Bus Expo/Vermont ny Studios h Foshay Learning Center Freeway OCTA 701, 721; T4X Palms Expo/Sepulveda PARKING AVAILABLE CE Metro Local 102, 204; Metro Rapid 754; LADOT Commuter Express LA Memorial Coliseum, i Transit Hub ashington/Fairfax Jefferson/USC AVTA Antelope Valley BBB 5, 17 Rapid 761; Metro Local 233 (Owl-only); Metro Metro Express 550; LD F California Science Center, FT Foothill Transit Metro Local 2, 38, 81, 102; LD F, King-East Transit Authority ncho Cienega Sports Complex BBB Local 7, 17; BBB Rapid 7; City C Local 6; C Rapid 6 Culver Expo Park/USC Natural History Museum LD LADOT DASH LATTC/Ortho Institute BBB Santa Monica Big Blue Bus Westwood/Rancho Park rsey High School Metro Local 33, 617; BBB Local 12;Metro BBB Rapid 12;81, C1, Local 2, 102; Metro Express 460, 550, j Galen Center/USC 7; CE 437 Metro Line (Silver); Metro Local 37, 38, 55, 81, 603; Montebello BBB 8, 12; C3 J Line (Silver); CE 438, 448; LDJ F, King East Southeast; C Culver City BusM shay Learning Center Metro Express 460; LD F, King-East; OCTA 701, 721; T4X Orthopaedic Hospital OCTA 701, 721; T4X k La Cienega/ OCTA Palms Orange County CE LADOT Commuter Express Memorial Coliseum, Jefferson PARKING AVAILABLE Pico Jefferson/USC l LA Trade Tech College BBB 5, 17 Transportation Authority lifornia Science Center, FT Foothill Transit Metro Local 38, 105, 217; C4; Baldwin Hills Parklands Metro A Line (Blue); Metro J Line (Silver); Metro Metro Local 2, 38, 81, 102; LD Rail F, King-East LA Convention Center m Culver City SC Santa Clarita Transit tural History Museum Shuttle “The Link” Local 30, 81; Metro Express 460; LD F; CE 419, 422, 423, LD LADOT DASH LATTC/Ortho Institute Metro Local 33, 617; BBB Local 12; BBB Rapid 12; C1, 438, 448; OCTA 701, 721; T4X n Crypto.com Arena/L.A. LIVE T Torrance Transit len Center/USC 189396 7; CE 437 Metro J Line (Silver); Metro Local 37, 38, 55, 81, 603; M Montebello Metro Express 460; LD F, King-East; OCTA 701, 721; T4X thopaedic Hospital La Cienega/ OCTA Orange County

MAP NOTES

a b c d

Santa Monica Pier & Esplanade

Metro A Line (Blue)

17th St/SMC BBB 41, 42, 44

PARKING AVAILABLE

Metro B & D Lines (Red/Purple) STATIONS/CONNECTIONS

To Long Beach

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JEFFERSON CORRIDOR / METRO D LINE (PURPLE) EXTENSION MAP

METRO D LINE (PURPLE) + E LINE (EXPO) & BEYOND

The Los Angeles MTA has launched a comprehensive and exciting rail system in Los Angeles. The Metro D Line (Purple) began construction in 2019, with Section 1 scheduled to open in 2024, Section 2 in 2025, and Section 3 in 2027. The completed Metro E Line (Expo), often referred to as the “Subway to the Sea,” which runs through the Jefferson Corridor, connects visitors from Santa Monica to Exposition Park and beyond. Some of the highlights on the Jefferson Corridor route include: • Santa Monica • West Los Angeles • Exposition Park • The University of Southern California

• Cumulus • The Crenshaw District • BMO Stadium

• Mid City • Culver City • The Star Wars Museum: Lucas Museum of Narrative Art (2023)

10

ZONING (PER(PER ZIMAS)ZIMAS) ZONING

CHAPTER IV-LA BREA/FARMDALE TOD SUBAREA

The La Brea/Farmdale CPIO District Subarea facilitates the creation of a CHAPTER IV-LA BREA / pedestrian-friendly transit village where jobs, housing, goods and services, as well as access to open TOD space areSUBAREA all located within walking distance FARMDALE of the La Brea and Farmdale stations of the Metro Expo Line.

The La Brea/Farmdale CPIO District Subarea facilitates the creation of a pedestrian-friendly transit village where jobs,Regulations housing, goods services, The intent of the Supplemental Development in this and Chapter is as well as access to open space are all located within walking distance of to promote the adaptive reuse and rehabilitation of the the La Brea and Farmdale stations of the Metro E Line (Expo).

area’s historic manufacturing building stock while allowing for catalyzing new redevelopment that is in context with adjacent The intent of the Supplemental Development Regulations in this Chapter is

residential neighborhoods. within the La Brea/Farmdale Transit-Oriented to promote the adaptiveProjects reuse and rehabilitation of the area’s historic Development (TOD) Subarea IV-1)for shall comply with applicable manufacturing building stock (see whileFigure allowing catalyzing new the redevelopment Supplemental Development Regulations in this Chapter IV. Projects within the that is in context with adjacent residential neighborhoods.

La Brea/Farmdale Transit-Oriented Development (TOD) Subarea (see Figure IV-1) shall comply with the applicable Supplemental Development Regulations in this Chapter IV.

11 PROPE RT Y DE SCRIP T ION

Total Absorption for Culver City in the West Los Angeles Market since 2017

33% Increase in Class A rents in Culver City from 2019 to 2022

100%

CULVER CITY FAST FACTS

38%

Pre-Leasing of every speculative office development in Culver City over the past 3 years

50+ Number of Tech/Media Companies with an office within 3 miles

$91,566 Average household income within 3 miles

2.5 Million SF Office Developments under construction in West Los Angeles

12

8:37 8:57 9:17 9:37 9:57 10:17 10:37 10:57 11:17 11:37 11:59

9:13 9:16 9:20 9:22 9:24 9:26 9:29 9:33 9:35 9:37 9:40 9:42 9:44 9:48 9:50 9:52 9:56 9:58 10:00 9:33 9:36 9:40 9:42 9:44 9:46 9:49 9:53 9:55 9:57 10:00 10:02 10:04 10:08 10:10 10:12 10:16 10:18 10:20 9:53 9:56 10:00 10:02 10:04 10:06 10:09 10:13 10:15 10:17 10:20 10:22 10:24 10:28 10:30 10:32 10:36 10:38 10:40 10:13 10:16 10:20 10:22 10:24 10:26 10:29 10:33 10:35 10:37 10:40 10:42 10:44 10:48 10:50 10:52 10:56 10:58 11:00 10:33 10:36 10:40 10:42 10:44 10:46 10:49 10:53 10:55 10:57 11:00 11:02 11:04 11:08 11:10 11:12 11:16 11:18 11:20 10:53 10:56 11:00 11:02 11:04 11:06 11:09 11:13 11:15 11:17 11:20 11:22 11:24 11:28 11:30 11:32 11:36 11:38 11:40 11:13 11:16 11:20 11:22 11:24 11:26 11:29 11:33 11:35 11:37 11:40 11:42 11:44 11:48 11:50 11:52 11:56 11:58 11:59 11:33 11:36 11:40 11:42 11:44 11:46 11:49 11:53 11:55 11:57 11:59 12:02A 12:04A 12:08A 12:10A 12:12A 12:16A 12:18A 12:20A 11:53 11:56 11:59 12:02A 12:04A 12:06A 12:09A 12:13A 12:15A 12:17A 12:20A 12:22 12:24 12:28 12:30 12:32 12:36 12:38 12:40 12:13A 12:16A 12:20A 12:22 12:24 12:26 12:29 12:33 12:35 12:37 12:40 12:42 12:44 12:48 12:50 12:52 12:56 12:58 1:00

8:39 8:42 8:45 8:47 8:49 8:53 8:55 8:57 9:00 9:02 9:04 9:08 9:11 9:12 9:14 9:16 9:21 9:23 8:59 9:02 9:05 9:07 9:09 9:13 9:15 9:17 9:20 9:22 9:24 9:28 9:31 9:32 9:34 9:36 9:41 9:43 9:19 9:22 9:25 9:27 9:29 9:33 9:35 9:37 9:40 9:42 9:44 9:48 9:51 9:52 9:54 9:56 10:01 10:03 9:39 9:42 9:45 9:47 9:49 9:53 9:55 9:57 10:00 10:02 10:04 10:08 10:11 10:12 10:14 10:16 10:21 10:23 9:59 10:02 10:05 10:07 10:09 10:13 10:15 10:17 10:20 10:22 10:24 10:28 10:31 10:32 10:34 10:36 10:41 10:43 10:19 10:22 10:25 10:27 10:29 10:33 10:35 10:37 10:40 10:42 10:44 10:48 10:51 10:52 10:54 10:56 11:01 11:03 10:39 10:42 10:45 10:47 10:49 10:53 10:55 10:57 11:00 11:02 11:04 11:08 11:11 11:12 11:14 11:16 11:21 11:23 10:59 11:02 11:05 11:07 11:09 11:13 11:15 11:17 11:20 11:22 11:24 11:28 11:31 11:32 11:34 11:36 11:41 11:43 11:19 11:22 11:25 11:27 11:29 11:33 11:35 11:37 11:40 11:42 11:44 11:48 11:51 11:52 11:54 11:56 12:01A 12:03A 11:39 11:42 11:45 11:47 11:49 11:53 11:55 11:57 11:59 12:02A 12:04A 12:08A 12:11A 12:12A 12:14A 12:16A 12:21 12:23 12:02A 12:05A 12:08A 12:10A 12:12A 12:16A 12:18A 12:20A 12:23A 12:25 12:27 12:31 12:34 12:35 12:37 12:39 12:44 12:46

JEFFERSON CORRIDOR / METRO E LINE (EXPO) ROUTE MAP

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ROUTE MAP

STATIONS/CONNECTIONS LEGEND Metro E Line (Expo) Metro A Line (Blue)

MAP NOTES

a b c d e f g h i

j k l m n

Santa Monica Pier & Esplanade

Metro B & D Lines (Red/Purple)

Third Street Promenade

Metro Silver Line Metro Rail Stations

Santa Monica College Downtown Culver City/ Sony Studios Washington/Fairfax Transit Hub

#

Map Note (see insert) Freeway

Rancho Cienega Sports Complex

AVTA Antelope Valley Transit Authority

Dorsey High School

BBB

Santa Monica Big Blue Bus

Foshay Learning Center

C

Culver City Bus

LA Memorial Coliseum, California Science Center, Natural History Museum

CE

LADOT Commuter Express

FT

Foothill Transit

LD

LADOT DASH

M

Montebello

Galen Center/USC Orthopaedic Hospital LA Trade Tech College

OCTA Orange County Transportation Authority

LA Convention Center

SC

Santa Clarita Transit

Crypto.com Arena/L.A. LIVE

T

Torrance Transit

Downtown Santa Monica Metro Local 4, 534; Metro Rapid 720; BBB Local 1, 2, 3, 7, 8, 9, 18; BBB Rapid 7, 10 17th St/SMC BBB 41, 42, 44

PARKING AVAILABLE

26th St/Bergamot BBB 5, 16, 43 Bundy PARKING AVAILABLE BBB Local 5, 7, 14, 15; BBB Rapid 7, 10 Expo/Sepulveda PARKING AVAILABLE Metro Local 233 (Owl-only); Metro Rapid 761; BBB Local 7, 17; BBB Rapid 7; C Local 6; C Rapid 6 Westwood/Rancho Park BBB 8, 12; C3 Palms BBB 5, 17 Culver City Metro Local 33, 617; BBB Local 12; BBB Rapid 12; C1, 7; CE 437 La Cienega/ Jefferson PARKING AVAILABLE Metro Local 38, 105, 217; C4; Baldwin Hills Parklands Shuttle “The Link”

Expo/La Brea Metro Local 38, 212; LD Crenshaw Farmdale Metro Local 38 Expo/Crenshaw PARKING AVAILABLE Metro Local 38, 209, 210; LD Midtown Expo/Western Metro Local 102, 207

7th Street/ Metro Center Metro Rail A, B & D Lines (Blue, Red & Purple) Metro J Line (Silver); Metro Local 14, 16, 18, 20, 37, 51, 53, 55, 60, 62, 66, 70, 76, 78, 81; Metro Rapid 720; Metro Express 460, 487, 489; AVTA 785; BBB 10; CE 409, 422, 423, 431, 437, 438, 448, 534; FT Silver Streak, 493, 497, 498, 499, 699; LD A, B, E, F; M 40, 50, 341, 342; OCTA 701, 721; SCT 799; T4X

Expo/Vermont Metro Local 102, 204; Metro Rapid 754; Metro Express 550; LD F Expo Park/USC Metro Local 2, 81, 102; Metro Express 460, 550, J Line (Silver); CE 438, 448; LD F, King East Southeast; OCTA 701, 721; T4X Jefferson/USC Metro Local 2, 38, 81, 102; LD F, King-East LATTC/Ortho Institute Metro J Line (Silver); Metro Local 37, 38, 55, 81, 603; Metro Express 460; LD F, King-East; OCTA 701, 721; T4X Pico Metro Rail A Line (Blue); Metro J Line (Silver); Metro Local 30, 81; Metro Express 460; LD F; CE 419, 422, 423, 438, 448; OCTA 701, 721; T4X

189396

13

SECTION

2 14

THE PROPERTY

THE PROPERTY – LA BREA CURB VIEW

15

PARCEL MAPS PARCEL MAPS

16

THE PROPERTY – ORANGE DRIVE CURB VIEW

17

THE PROPERTY – LA BREA CURB VIEW

18

AREA AMENITIES

AREA AMENITIES

COSTCO MIXED-USE 5 ACRES

A R E A OVERVIE W

25

19

SECTION

3 20

AREA OVERVIEW

THE JEFFERSON CORRIDOR EAST CORRIDOR Exposition Park is a 160 acre-tract just south of Downtown Los Angeles.

The land primarily is owned by the State of California, with portions owned or leased by the City of Los Angeles, the County of Los Angeles, and the Coliseum Commission.

Exposition Park enjoys a rich history. It was originally created in 1872 as an agricultural park, and 148 acres were set aside for the Southern District Agricultural Society. In 1913, it was renamed Exposition Park according to the “City Beautiful” movement with 4 anchor tenants: California Museum of Science and Industry (Exposition Building), National Armory, Domed National History Museum, and the Sunken Garden (which in 1928 was later renamed the Rose Garden).

Originally founded as an Agricultural Park in 1872 and subsequently renamed Exposition Park in 1910, the park has become one of Southern California’s premiere visitor destinations. It is home to the Memorial Coliseum and the Olympic Swim Stadium, major venues for the 1932 and 1984 Summer Olympics in Los Angeles.

WEST CORRIDOR

EXPOSITION PARK

Culver City has become a hub for the biggest technology, media, and content creation companies in the world and continues to benefit from the surge in high-wage employees and residents. Centrally located, Culver City offers an energetic environment and an exceptional quality of life. The area has undergone an unprecedented transformation with restaurants and trendy boutiques. Culver City’s unique combination of small-town charm and urban amenities makes it a great place to live, work, and play.

Culver City is currently in the midst of a massive transformation driven by 4.5 million square feet of under-construction or recently completed projects. This is complemented by luxury multi-family as well as retail and public spaces to meet the needs of the market’s growing and affluent demographics. There are over 3,000 multi-family units currently under construction or proposed in the Culver City area that will draw thousands of residents.

21

EAST JEFFERSON CORRIDOR • IN THE MIX AT EXPOSITION PARK EAST JEFFERSON CORRIDOR DEVELOPMENTS

• California African American Museum • California Science Center In the Mix at Park • Natural History Museum of Exposition Los Angeles County • California African American Museum • Los Angeles Memorial Coliseum •

California Science Center

• •

Natural History Museum of Los Angeles County Los Angeles Memorial Coliseum

Coming to the California Science Center

Exploring The Natural History Museum

California Science Center

CAAM @Exposition Park

The Los Angeles Coliseum

Exposition Park

The Los Angeles Coliseum

Exposition Park Rose Garden – Los Angeles ARE A OVERV I E W

16

22

EAST JEFFERSON CORRIDOR

BMO STADIUM / 4.8 MILES AWAY • The first new open-air stadium built in the city of Los Angeles since Dodgers Stadium in 1962 • The stadium is accessible from the expanded Metro E Line (Expo) • The stadium is an LEED Silver-certified building • 125,000 square feet of walkways and plazas are open to the public Located in historic Exposition Park, BMO Stadium is conveniently located near the convergence of the 110 and 10 Freeways and accessible via the Metro E Line (Expo). Recently opened, the 22,000-seat development is the first open-air stadium to be built in Los Angeles in over 30 years. Home to the LA Football and Angel City Football Clubs, the stadium has brought a world-class mixed-use arena to the Corridor for soccer, sporting, concerts, entertainment, and community events. “The BMO Stadium is a major urban anchor intended to improve a corridor, connect to Exposition Park, and pay homage to the recently demolished LA Memorial Sports Arena…”

STAR WARS MUSEUM • LUCAS MUSEUM OF NARRATIVE ART / 4.4 MILES AWAY Currently under construction in Los Angeles’s Exposition Park, the Lucas Museum is designed by renowned architect Ma Yansong of MAD Architects with Stantec as the architect of record. The building, approximately 300,000 square feet, will feature close to 100,000 square feet of gallery space, two state-ofthe-art cinematic theaters, numerous dedicated spaces for learning and engagement, restaurants, retail, and event space. The museum’s building will sit on a new 11-acre park, which will bring much-needed green space to the surrounding neighborhood.

23

WEST JEFFERSON CORRIDOR DEVELOPMENTS 1,200 apartments / 100,000 RSF commercial space

11-Acre Mixed-Use Project Anchored by: Whole Foods 1.2 Miles

THE WRAPPER 570 WEST JEFFERSON BOULEVARD

1.9 Miles

chored by Whole Foods, Cumulus District is a bold The Wrapper building in Culver City on for city living, where innovators and creatives Eric Owen Moss-designed me together to shape a new West LA lifestyle. Livable, (W)RAPPER: Samitaur Gets $232M Financing for Wrapper tower construction kable, transit-friendly. A nexus between Culver City d West Adams, a 1-acre park invites the whole Located on the Culver City border at the signalized intersection of Jefferson Blvd. mmunity to shop, eat and gather. Modern, beautifully and National Blvd., (W)RAPPER will be Los Angeles’ first “creative” high rise pointed apartments let you soar above. Envision office building. The project site sits adjacent to the Jefferson/La Cienega station igher standard of living and everything around the of the Expo Light Rail Line, making the (W)RAPPER readily accessible by public ner in LA’sAnchored exciting new transportation. the project in relation to the lowcome surrounding byneighborhood.

Whole Foods, Cumulus District is a bold vision forThe cityheight living,ofwhere innovators and creatives together to shape a new West LA lifestyle. buildings gives this freestanding structure enormous prominence the Los Livable, walkable, transit-friendly. A nexus between Culver City and West Adams, a one-acre park invites theinwhole community to shop, eat, and gather. skyline. Area neighbors include Apple/Beats

By Dre, HBO, Amazon, Nike, Modern, beautifully appointed apartments let youAngeles soar above.

Envision a higher standard of living and everything around the corner in LA’s exciting WeWork and Jam City. new neighborhood.

CUMULUS DISTRICT • 11ACRE MIXEDUSE PROJECT / 1.2 MILES AWAY

THE (W)RAPPER BUILDING IN CULVER CITY / 1.9 MILES AWAY Eric Owen Moss-Designed • (W)rapper: Samitaur Received $232M Financing for Tower Construction — Located on the Culver City border at the signalized intersection of Jefferson Boulevard and National Boulevard, (W)rapper will be Los Angeles’ first “creative” high-rise office building. The project site sits adjacent A RE A OVERV I E W to the Jefferson/La Cienega station of the Expo Light Rail Line, making the (W)rapper readily accessible by public transportation. The height of the project in relation to the low surrounding buildings gives 18 this freestanding structure enormous prominence in the Los Angeles skyline. Area neighbors include Apple/Beats

By Dre, HBO, Amazon, Nike, WeWork, and Jam City.

24

CULVER CITY DEVELOPMENTS

BLACKWELDER CAMPUS / 1.3 MILES AWAY 3101-3243 S. La Cienega Boulevard • 6.9-Acre Campus • 19 One- and Two-Story Office Buildings • 158,000 SF • Leased by Various Media & Tech Tenants — The Blackwelder campus, one of the first significant conversions of warehouses into modern creative office space in metropolitan Los Angeles, sits in a hip former industrial neighborhood that straddles Los Angeles and Culver City that is becoming increasingly popular with developers as media and tech demand seeps out of downtown Culver City. Blackwelder is a former cabinet and furniture manufacturing facility that was renovated into creative office space for entertainment firms. Today, the property is 100% leased to media and creative companies including the Mill Group, Stagwell Marketing Group, and Hungryman.

The property was acquired by Kilroy in July for approximately $185M or $1,173 per square foot.

BABY TO BABY • NONPROFIT OF THE YEAR / 1.2 MILES AWAY Non-Profit of the Year • 5830 W Jefferson Boulevard — Supported by Actress, Entrepreneur, and Billionaire Jessica Alba and many other celebrities, Baby To Baby is a 501c3 Charity that distributes diapers, clothing, and basic necessities items for babies in poverty. Named the #1 Non-Profit on Fast Company’s Innovative Companies List, Baby to Baby has distributed more than 270 million items—including diapers, wipes, clothing, cribs, backpacks, and more—to children in need across the country.

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CULVER CITY DEVELOPMENTS / APPLE CAMPUS ONE

8777 WASHINGTON BOULEVARD / 1.9 MILES AWAY 128,000 SF of Creative Office Space • 100% Leased by Apple — 8777 Washington Boulevard is completed in Culver City. Apple is the new tenant, and has recently announced plans to bring 3,000 new employees to Culver City by 2026 by expanding its state-of-the-art campus with additional space for these employees and more. Apple currently hosts its Apple TV headquarters out of Los Angeles. The project redeveloped nearly an acre of property. It is located at the intersection of Washington Boulevard and National Boulevard. The site was previously a single-story commercial retail/warehouse building, a cafe addition, a detached storage garage building, and paved, at-grade parking.

The building is about 55 feet tall, with 132,500 square feet of space. It has four stories. The first floor is 15.5 feet tall, with 4,500 square feet of floor, and includes retail and food uses. Office space is on floors two through four. Combined, the office levels include approximately 128,000 square feet of office space. Below grade, there is a three-level subterranean parking structure that accommodates 392 parking spaces.

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THE CULVER STEPS / 2.4 MILES AWAY / AMAZON STUDIOS ADMINISTRATION 115,000 SF Mixed-Use Project • 75,000 SF Office • 40,000 SF Retail • 35,000 SF Public Outdoor Space • Office Space Leased by Amazon — The mixed-use project, which comes from Hackman Capital Partners, is located at the intersection of Culver and Washington Boulevards. The four-story building features 75,000 square feet of creative office space—which has been fully leased by Amazon Studios—along with 40,000 square feet of retail and a 35,000-square-foot public plaza. Steven Ehrlich designed The Culver Steps, which takes its name from the grand staircase that connects the ground-level plaza to an elevated pavilion. The landscaped stairs also double as amphitheater seating for outdoor events.

ONE CULVER / 2.8 MILES AWAY / APPLE CAMPUS TWO 360,000 SF Completed, Renovated Office Building • Anchored by: Apple, WeWork, Equinox — One Culver captures the energy and creativity of the entertainment, media, and technology industries in Culver City, where business and culture converge. At 99% leased, the Property is anchored by Apple, Inc. This mixed-use Property was completely re-imagined by LBA in 2017, with a Gensler design that provides high-performance office space, a dramatic collaborative lobby and lively on-site retail. Abundant outdoor space encourages innovation in a fluidly door outdoor environment unlike any other in West Los Angeles.

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AMAZON STUDIOS / 2.3 MILES AWAY / PRODUCTION CAMPUS 619,850 SF of Creative Office and State-of-the-Art Production Support Space • Stages: 96,263 SF • Stage Support Space: 4,736 SF — Innovation has completely transformed the industry-treasured film and television studio. Now, more than double its former size, the world-class campus is home to Amazon Studios and a hub for creating and producing award-winning movies, shows, and content. Amazon Studios is the home for talent—creating and producing original films and television series for a global audience. Original series all premiere exclusively on Prime Video, which is available in over 200 countries and territories.

IVY STATION / 2.0 MILES AWAY / WARNER MEDIA $300 Million, 5.52-Acre Transit-Oriented Development • Mixed-Use (Office, Retail, Residential, Hotel) • Office Space 100% Leased by WarnerMedia • Just across from 8777 Washington, lvy Station — Located adjacent to the Culver City Metro E line station, the 500,000-square-foot, mixed-use lvy Station provides a welcoming and active gateway to Culver City for residents, metro riders, and visitors to the burgeoning area. Ivy Station links two rapidly evolving, but previously distinct and separate areas of Culver City—the lively historic downtown with its studios, restaurants, and nightlife, and the Culver City Arts District with its growing roster of creative and media companies like WarnerMedia (based at lvy Station), Apple, Sony, and Amazon. lvy Station features The Shay, a 148-room boutique hotel with Culver City’s first publicly accessible rooftop; Upper Ivy, a 200-unit contemporary apartment community with 47,000 square feet of specialty retailers and restaurants; a 240,000-square-foot office building leased to WarnerMedia to house employees of the company’s West Coast offices of HBO, Cinemax, HBO Max, and its WarnerMedia Entertainment networks TNT, tbs, and truTV; two acres of outdoor space open to the public and 1,500 below-grade parking spaces, 300 of which are dedicated for use by Metro transit riders.

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THE GROVE LA / 4.2 MILES AWAY The Grove is one of the best places to shop in Los Angeles. The Grove is an upscale 575,000-square-foot (53,417-square-meter), open-air retail, restaurant, and entertainment center in the Fairfax District of Los Angeles adjacent to the historic Farmers Market. With its fashion-forward collection of stores and ever-changing pop-up shops, the Grove delivers a dynamic shopping experience unlike any other in Los Angeles. Annual patronage levels exceed those of Disneyland in nearby Orange County.

FARMERS MARKET / 4.2 MILES AWAY Nestled next to the Grove LA, The Original Farmers Market ls LA’s Favorite Neighborhood Shopping and Dining Destination. The finest family-owned artisan grocers since 1934 at the corner of 3rd and Fairfax. Live music. Family fun. Pie-eating contest. LA’s world-famous Original Farmers Market offers over 100 gourmet grocers, restaurants, and merchants from Southern California.

There are few spots in Los Angeles that so well encapsulate the city’s virtues: its vibrancy, its eclecticism, its multicultural, multi-ethnic, multi-everything happy melange. But The Original Farmers Market at 3rd and Fairfax, which opened on July 14, 1934, is all of those things, not to mention a delicious place to grab breakfast, lunch, or dinner. Consequently, it’s a must for anyone visiting Los Angeles and is beloved by locals too. Known for its variety of cuisine, the Market offers something for every taste—American, Brazilian, Cajun, Chinese, French, Italian, Middle Eastern, and more! Many of the businesses have been familyowned and operated for generations. Recently the Market added a variety of artisan grocery and specialty food merchants including organic, seasonal produce, gourmet pickles, single-origin coffee, and more!

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LACMA / 3.7 MILES AWAY LACMA was founded in 1961, splitting from the Los Angeles Museum of History, Science and Art. Four years later, it moved to the Wilshire Boulevard complex designed by William Pereira. The museum’s wealth and collections grew in the 1980s, and it added several buildings beginning in that decade and continuing in subsequent decades. In 2020, four buildings on the campus were demolished to make way for a reconstructed facility designed by Peter Zumthor. His design drew strong community opposition and was lambasted by architectural critics and museum curators, who objected to its reduced gallery space, poor design, and exorbitant costs. LACMA is the largest art museum in the western United States. It attracts nearly a million visitors annually. It holds more than 150,000 works spanning the history of art from ancient times to the present. In addition to art exhibits, the museum features film and concert series.

WEST ADAMS ARTS DISTRICT / 1.2 MILES AWAY West Adams is ground zero for cutting-edge, trailblazing, artistic entrepreneurs on South LA’s Westside. Zoe’s Vintique, an eclectic vintage clothing shop, Delicious Vinyl Pizza, a hip-hop pizza joint, and the art space O’Gallery are just a few of the trendy businesses on Adams Boulevard. In the beginning, there was La Cienega.

For a while in the 1960s, the West Hollywood gallery district was the destination center for the Los Angeles art world and beyond. Later, in the 1990s, came Bergamot Station in Santa Monica, then Culver City, and more recently the downtown Arts District. It’s a truism in the contemporary art business that you will move to a dope space in a suddenly on-trend part of town more than once during the life of your gallery. At the moment, West Adams has caught the eye of a diverse group of gallerists whose backgrounds and programs are as ambitious as they are eclectic. They’ve moved in slowly over the past three to four years and quickly in the last 12 months. Pro tip: It’s called “West Adams” but most of the galleries are actually on West Washington Boulevard, between about La Brea and about Arlington. However, that same stretch of Adams Boulevard a couple of blocks to the south is making a play. There’s even a micro-scene further southwest, along Jefferson Boulevard.

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USC • UNIVERSITY OF SOUTHERN CALIFORNIA / 3.7 MILES AWAY 229-Acre Campus • 23 Libraries • 19,500 Undergraduates (2022) • 26,500 Graduate Students • Founded in 1880 • 437,000+ Alumni Worldwide — Just three miles south of Downtown Los Angeles, on the Jefferson Corridor, the USC University Park Campus covers 229 acres and comprises a vibrant mix of green and park spaces, fountains and sculptures, and contemporary and traditional architecture. Since its founding in 1880, USC has grown into a top-tier private research institution, with all the resources of a large, urban university and the nurturing environment of a small liberal arts college. Students thrive in interdisciplinary, learner-centered curricula that uniquely prepare them to face the challenges of the 21st century. The vibrant campus represents all 50 U.S. states and more than 135 countries and comprises one of the most ethnically diverse student populations in the country. Additionally, more than 60 percent of USC’s undergraduates participate in community service and service learning programs locally and worldwide.

SONY PICTURES STUDIOS / 1.2 MILES AWAY Sony Studios is a globally envied property. With a total of 18 stages ranging in size from 7,600 to 42,000 square feet, including two audience-rated TV stages with support space and several stages over 30,000 square feet, this location is ideal for a wide variety of productions and events. The Sony Pictures Studio Tour at Sony Studios: Enter through the famed gates and you’re behind the scenes at one of the most historic and exciting studio lots in the world. The two-hour guided walking tour will give you the real experience of a working studio. Visit soundstages once home to iconic films like “The Wizard of Oz,” “Men in Black,” and “SpiderMan.” Swing by smash-hit games shows “Jeopardy!” and “Wheel of Fortune.” You might even catch a glimpse of the Barbra Streisand Scoring Stage or a set from the hit comedy, “The Goldbergs.” Keep your eyes open... You never know what—or who—will be around the next corner!

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310.579.2200 | showings@sfjgroup.com | sfjgroup.com Compass Beverly Hills, 9454 Wilshire Blvd, 4th Floor, Beverly Hills, CA 90212 DRE 00558939